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Domestic Distortions

  • Takashi Negishi
  • Takashi Negishi
Chapter
Part of the Advances in Japanese Business and Economics book series (AJBE, volume 2)

Abstract

Both countries can gain in welfare from international trade between them. The level of welfare in each country is higher than in autarky. The gains from trade in this sense have often been discussed so far.

Keywords

Gains from trade Unemployment Urban unemployment 

Bibliography

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  4. Harris, J. R., & Todaro, M. P. (1970). Migration, unemployment and development. American Economic Review, 60, 126–142.Google Scholar
  5. Itoh, M., & Negishi, T. (1987). Disequilibrium trade theories. Chur: Harwood.Google Scholar

Copyright information

© Springer Japan 2014

Authors and Affiliations

  • Takashi Negishi
    • 1
  • Takashi Negishi
    • 2
  1. 1.The Japan AcademyTokyoJapan
  2. 2.The University of TokyoTokyoJapan

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